Common use of Compliance with Documents Clause in Contracts

Compliance with Documents. No Event of Default (as defined herein) has occurred hereunder, and no event has or shall have occurred and be continuing, which, with the lapse of time or the giving of notice, or both, would constitute an Event of Default. No foreclosure action is currently threatened or has been commenced with respect to the Property. The Property Owner is not currently in default on any mortgage loan(s) secured by the Property.

Appears in 6 contracts

Samples: Assessment and Financing Agreement, Assessment and Financing Agreement, Assessment and Financing Agreement

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Compliance with Documents. No Event of Default (as defined herein) has occurred hereunder, and no event has or shall have occurred and be continuing, which, with the lapse of time or the giving of notice, or both, would constitute an Event of Default. No foreclosure action is currently threatened or has been commenced with respect to the Property. The Property Owner is not currently in default on any mortgage loan(s) or any deed(s) of trust secured by the Property.

Appears in 1 contract

Samples: Assessment and Financing Agreement

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